With each stock’s recap, we will include a (with market support) or (without market support) tag, designating whether the trade triggered with or without market directional support at the time. Anything in the first five minutes will be considered WITHOUT market support because market direction cannot be determined that early.
From the report, TSCO triggered short (with market support) and worked:
In the Messenger, Rich’s FAS triggered long (with market support) and worked:
His GS triggered long (with market support) and worked:
His GOOG triggered long (without market support) and didn’t work:
His JPM triggered long (with market support) and went enough for a partial):
AMZN triggered long (with market support) and worked:
In total, that’s 5 trades triggering with market support, all 5 of them worked, nice start to 2012.